Head-to-Head Specification Audit
Stitch Money vs PayFast
South African Open Banking API · South Africa
Specification Matrix
| Metric | Stitch Money | PayFast |
|---|---|---|
| Starting Price | Custom pricing | $0/mo |
| API Rate Limit | 100 req/minBetter | 60 req/min |
| Target Country | South Africa | South Africa |
| Category | Open Banking | Payment Processing API |
| Compliance (vendor-stated) | POPIA, PCI-DSS | POPIA, PCI-DSS |
| Hosting Regions | AF-South | ZA-Cape-Town, ZA-Johannesburg |
| Native Integrations | 6 listedTie | 6 listedTie |
Stitch Money — Key Specs
Vendor-stated- ✓South Africa's leading open banking API — Plaid equivalent for SA
- ✓Instant EFT, account verification, income verification
- ✓Lists POPIA compliance framework — SA data residency only (vendor-stated)
- ✓Used by Lula, Zoona, LifeCheq for credit scoring
PayFast — Key Specs
Vendor-stated- ✓Only major payment gateway with POPIA-compliant ZA data residency by default
- ✓Supports EFT, credit card, Instant EFT, Mobicred, and SnapScan natively
- ✓No monthly fee — pay 2.0–3.5% per transaction only
- ✓Recurring billing API supports subscription SaaS models out of the box
Frequently Asked Questions
Which is lower-priced, Stitch Money or PayFast?+
Stitch Money uses custom pricing. PayFast starts at Free plan available. Contact Stitch Money directly for a quote.
Which compliance frameworks do Stitch Money and PayFast list?+
Both list POPIA, PCI-DSS in their vendor documentation. These are vendor-stated frameworks. VektorIndex has not independently audited these claims.
Does Stitch Money or PayFast list POPIA as a supported compliance framework?+
Stitch Money lists POPIA (Protection of Personal Information Act) as a supported compliance framework per its vendor documentation. VektorIndex has not independently verified this claim. South African organisations should request the vendor's current Data Processing Agreement and confirm data residency settings before processing personal information. PayFast lists POPIA (Protection of Personal Information Act) as a supported compliance framework per its vendor documentation. VektorIndex has not independently verified this claim. South African organisations should request the vendor's current Data Processing Agreement and confirm data residency settings before processing personal information.
Which has a higher documented API rate limit — Stitch Money or PayFast?+
Stitch Money has a higher documented API rate limit at 100 req/min versus PayFast at 60 req/min.
Which data hosting regions do Stitch Money and PayFast support?+
Stitch Money lists hosting regions: AF-South. PayFast lists hosting regions: ZA-Cape-Town, ZA-Johannesburg. For data residency requirements in South Africa, confirm exact region configuration directly with each vendor.
Data last updated: 29 August 2026 — Sourced from official vendor documentation. Not independently audited. Report incorrect information
Related Open Banking Comparisons
Is this your tool?
Claim or upgrade your VektorIndex listing
Get a Verified badge, add your own specs, and appear at the top of comparison pages.